Brazil's Minister of Mines and Energy Commits to Green Hydrogen Investment After Visit to Spain
Key Ideas
- Brazil's Minister of Mines and Energy visited Iberdrola's Puertollano plant in Spain, where H2V is produced for a nitrogen fertilizer factory.
- Minister Silveira committed to investing BRL 30 million in a green hydrogen plant in Brazil, highlighting the significance of hydrogen for the country's development.
- Neoenergia plans to build an H2V supply station in Brasília by 2025, contributing to the country's energy transition and providing fuel for buses and automobiles.
- The visit also included discussions on other green hydrogen investments with Neoenergia, aiming to secure over BRL 25 billion in investment for Brazil's energy transition.
Brazil's Minister of Mines and Energy, Alexandre Silveira, traveled to Spain and visited Iberdrola's Puertollano plant, a significant hub for hydrogen production. During the visit, Minister Silveira witnessed the production of H2V for a nitrogen fertilizer factory and committed to investing BRL 30 million in the construction of a green hydrogen plant in Brazil. This investment is expected to play a crucial role in Brazil's development and position as a producer. Additionally, Neoenergia plans to establish an H2V supply station in Brasília by 2025, aiming to provide green hydrogen for transportation. The minister highlighted the importance of diversifying Brazil's energy sources and securing investments in green hydrogen projects. Discussions with Neoenergia also revealed plans for further investments in green hydrogen projects across multiple states in Brazil, totaling over BRL 25 billion. These initiatives are set to drive Brazil's energy transition, create jobs, and boost economic development, ultimately positioning Brazil as a key player in the global green energy landscape.
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